Transaction Planning Using Rules on Jurisdiction and the Recognition and Enforcement of Judgments (The Pocket Books of the Hague Academy of ... L'académie De Droit International De La Haye)

Also available as an e-bookPrivate international law is normally discussed in terms of rules applied in litigation involving parties from more than one State. Those samerules are fundamentally important, however, to those who plan crossborder commercial transactions with a desire to avoid having a disputearise or at least to place a party in the best position possible if a dispute does arise. This makes rules regarding jurisdiction, applicable law,and the recognition and enforcement of judgments vitally important to contract negotiations. It also makes the consideration of transactionalinterests important when developing new rules of private international law. These lectures examine rules of jurisdiction and rules of recognitionand enforcement of judgments in the United States and the European Union, considering their similarities, their differences, and how they affect the transaction planning process.